JVS is about to launch a new release on Virtuals, with @ fractality_fi as the team behind it. Sort out the overall context. Fractality timeline July 2022: Y2K Finance was founded, focusing on structured products designed with linked derivatives. August 2024: Transformed into a lending agreement, renamed Fractality from Y2K Finance. February 2025: FRCT token will be publicly offered at Fjord Foundry, with a fully diluted valuation (FDV) of $4 million. May 2025: AI agent Jarvis goes live on the Virtuals platform. Poor performance of FRCT public offering Only 6 people participated in the public offering. The maximum participation amount is $5800, with the address account @ enurintouch. In 2025, the promotion of lending protocol tokens will continue, but the market response will be lukewarm. doubtful point Lack of AI experience in the team: The Fractality team previously focused on DeFi and stablecoin linked insurance, lacking public AI development experience. Y2K legacy issue: The Y2K token was originally planned to be migrated to FRCT in a 1:1 ratio, and the migration will take place one week after the public offering in February 2025. The post plan failed. Will this affect the launch of AI agent Jarvis? Jarvis has a high level of popularity: Currently, Jarvis has a higher market attention than FRCT, taking advantage of the traffic from AI agents. Y2K Historical Accumulation: Y2K Finance was founded in 2022 and has accumulated over three years, possessing a certain foundation and community trust. Conclusion: I will consider participating in Jarvis' new product launch, but remain cautious and optimistic, and will not be a diamond player.